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Stock impact report

Trump administration urges court to reject appeal of FCC’s repeal of net neutrality rules [Toronto Globe and Mail (Ontario, Canada)]

IAC Inc. (IAC) 
Last iac inc. earnings: 2/5 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: iac.com/investor-relations/overview
The Trump administration defended the Federal Communications Commission repeal of landmark open internet rules known as net neutrality, urging a federal appeals court to reject a challenge. In a 167-page court filing late on Thursday, the Justice Department and FCC urged the court to reject the suit filed by 22 states, the District of Columbia, Mozilla Corp, Vimeo Inc, public interest groups and local governments. The Justice Department said the suit offers “no substantial reason to second-guess the commission’s decision to eliminate rules that the agency has determined are both unlawful and unwise.” Story continues below advertisement The FCC voted 3-2 in December along party lines to reverse rules adopted in 2015 that barred internet service providers from blocking or throttling traffic, or offering paid fast lanes, also known as paid prioritization. Under the net neutrality rules, internet service providers have to treat all data fairly Show less Read more
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